Asian Markets Mostly Fall;
Hang Seng Tumbles 2.8%

An Interactive Journal News Roundup

Updated Dec. 15, 1999 5:14 p.m. ET

Markets in the Asian-Pacific region mostly slipped on profit-taking and on year-end sales. Hong Kong's Hang Seng Index tumbled 2.8%, but mainland China's markets closed up after several sessions of declines.

In Hong Kong, investors booked profits on the recent market rally. Participants said fund managers offloaded their holdings to close their books before the year end.